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Kraft Foods' recent move to launch its Oreo biscuit brand into India has drawn attention to what is a growing sector in the country. India's biscuit market is attracting growing multinational interest but powerful domestic players already dominate the market and the jury is out over whether foreign companies can easily grab market share. Mini Pant Zachariah reports for just-food from Mumbai.

A consortium of former directors and private investors have acquired Unibic's Australian arm, which went into administration earlier this month.

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A deal for the purchase of ailing biscuit maker Unibic Australia could be signed this week, the administrators have told just-food.

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Biscuit maker Unibic Australia is close to being bought, just days after being placed into voluntary administration, according to reports.

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Unibic Biscuits India has refused to comment on reports that a deal to sell a majority stake in the business to consumer goods giant Marico is off.

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The general manager of Indian biscuit major Parle Products is unconcerned about reports that PepsiCo is preparing to enter the country's INR110bn (US$2.41bn) biscuit market.